The SBI Simply Save Credit Card is designed as a relatively simple, entry-level credit card for people who want to earn rewards on everyday spending. It can be particularly useful for spending categories such as dining, movies, groceries and departmental stores.
The card offers accelerated reward points on selected categories, a welcome reward, a fuel surcharge waiver and a fee reversal opportunity based on annual spending. However, if your main priority is online shopping, travel or airport lounge access, you may find other SBI credit cards more suitable.
In this detailed guide, we will explain the SBI Simply Save Credit Card benefits, reward points, fees and charges, eligibility, documents, credit limit, lounge access and more.
SBI Simply Save Credit Card – Key Highlights
| Feature | Details |
|---|---|
| Card Type | Entry-level rewards credit card |
| Joining Fee | ₹499 + applicable taxes |
| Renewal Fee | ₹499 + applicable taxes |
| Renewal Fee Waiver | On annual spends of ₹1 lakh or more, as per current SBI Card terms |
| Welcome Benefit | 2,000 bonus Reward Points on spending ₹2,000 within the first 60 days |
| Accelerated Rewards | 10 Reward Points per ₹150 on eligible dining, movies, departmental stores and grocery spends |
| Regular Rewards | 1 Reward Point per ₹150 on other eligible spends |
| Reward Point Value | 4 Reward Points = ₹1 |
| Fuel Benefit | 1% fuel surcharge waiver on eligible transactions |
| Reward Cap | Up to 5,000 accelerated Reward Points per month |
| Card Network | Available variant/network may depend on the card offered |
| Best For | Everyday spending and beginners |
The above reward structure and fees are based on the available SBI Card information and may be revised by the issuer. Always check the latest terms before applying.
What Is SBI Simply Save Credit Card?
The SBI Simply Save Credit Card is an entry-level rewards card from SBI Card. Its main attraction is its straightforward reward structure.
Cardholders can earn 10 Reward Points per ₹150 spent on eligible transactions in categories such as:
- Dining
- Movies
- Grocery
- Departmental Stores
For other eligible spends, the card generally offers 1 Reward Point per ₹150 spent.
According to SBI Card’s reward information, accelerated reward earning on Simply Save is capped at 5,000 Reward Points per month. Since 4 Reward Points are equivalent to ₹1, the value of the points should be considered before choosing the card solely for rewards.
SBI Simply Save Credit Card Benefits
1. Earn 10X Reward Points on Selected Categories
One of the biggest SBI Simply Save Credit Card benefits is accelerated reward earning.
You can earn 10 Reward Points per ₹150 on eligible spending in:
- Dining
- Movies
- Grocery
- Departmental Stores
This makes the card more suitable for people who frequently spend on these categories.
However, the accelerated reward points are subject to the applicable monthly cap and exclusions under SBI Card’s terms and conditions.
2. Reward Points on Other Eligible Spends
For other eligible transactions, you can earn 1 Reward Point per ₹150 spent.
The base reward rate is modest, so the card is generally more attractive when you use it for its accelerated reward categories rather than for every type of spending.
3. 2,000 Bonus Reward Points as Welcome Benefit
New cardholders can get 2,000 bonus Reward Points after spending ₹2,000 or more within the first 60 days, subject to applicable terms and conditions.
SBI Card states that these 2,000 points are worth ₹500 because 4 Reward Points = ₹1. This welcome benefit can help offset the card’s joining fee, although applicable taxes and offer conditions should be considered.
4. Fuel Surcharge Waiver
The card offers a 1% fuel surcharge waiver on eligible fuel transactions between ₹500 and ₹3,000.
The maximum waiver is ₹100 per statement cycle per credit card account, subject to applicable terms.
This can provide some savings for cardholders who regularly use their credit card for fuel payments.
5. Annual Fee Reversal
The SBI Simply Save Credit Card charges an annual or renewal fee of ₹499 + applicable taxes.
However, SBI Card currently states that the renewal fee is reversed when your annual spending reaches ₹1 lakh or more in the previous year.
Therefore, frequent users who can comfortably meet the spending requirement may effectively avoid the renewal fee.
6. Reward Points Can Be Used for Redemption
Your accumulated Reward Points can be redeemed through the available SBI Card redemption options. SBI Card also states that Reward Points can be used towards eligible outstanding card bills, subject to applicable redemption rules.
The stated conversion is:
4 Reward Points = ₹1
Always check the current rewards catalogue and redemption terms before redeeming points.
SBI Simply Save Credit Card Reward Points
The reward structure is simple:
| Spending Category | Reward Rate |
|---|---|
| Dining | 10 Reward Points per ₹150 |
| Movies | 10 Reward Points per ₹150 |
| Grocery | 10 Reward Points per ₹150 |
| Departmental Stores | 10 Reward Points per ₹150 |
| Other eligible spends | 1 Reward Point per ₹150 |
| Reward Point Value | 4 Points = ₹1 |
| Accelerated Reward Cap | 5,000 Reward Points per month |
Example
Suppose you spend ₹15,000 in eligible accelerated categories.
At 10 Reward Points per ₹150:
₹15,000 ÷ ₹150 × 10 = 1,000 Reward Points
At 4 points = ₹1:
1,000 ÷ 4 = ₹250
So, based purely on the stated redemption value, ₹15,000 of eligible accelerated spending would generate Reward Points worth approximately ₹250.
The actual value may vary depending on the redemption option and applicable terms.
SBI Simply Save Credit Card Milestone Benefits
The SBI Simply Save Credit Card milestone benefits are relatively limited compared with premium credit cards.
The key spend-based benefit is the renewal fee reversal.
Spend ₹1 lakh or more in the previous year
If your eligible annual spending reaches ₹1,00,000 or more, SBI Card states that the renewal fee of ₹499 + applicable taxes can be reversed.
There is also the initial welcome benefit of 2,000 Reward Points after completing the required ₹2,000 spend within the first 60 days.
So, while the card does not focus heavily on large milestone rewards, it does offer a practical benefit for regular users who meet the annual spending threshold.
SBI Simply Save Credit Card Lounge Access
If you are searching for SBI Simply Save Credit Card benefits lounge access, you should know that airport lounge access is not a primary advertised benefit of the standard Simply Save card.
This card is mainly focused on:
- Dining rewards
- Movie rewards
- Grocery rewards
- Departmental store rewards
- Fuel surcharge waiver
- Welcome Reward Points
Therefore, if airport lounge access is an important requirement for you, you should compare the Simply Save card with SBI’s travel-oriented or premium cards before applying.
Important: Lounge benefits can depend on the specific card variant, network and current issuer terms. Do not assume that a lounge benefit available on another SBI credit card automatically applies to Simply Save.
SBI Simply Save RuPay Credit Card Benefits
The SBI Simply Save RuPay Credit Card benefits may be relevant to customers who specifically want a RuPay network card, particularly for eligible UPI-related use cases.
However, the exact features and reward eligibility can depend on the specific variant issued by SBI Card.
Before applying for a RuPay variant, check:
- Whether UPI transactions are supported
- Whether rewards are applicable to UPI spends
- Applicable reward exclusions
- Annual fee and fee waiver rules
- Network-specific offers
The standard Simply Save reward structure should not automatically be assumed to apply identically to every possible variant or transaction type.
SBI Simply Save Credit Card Maximum Limit
Many applicants search for the SBI Simply Save Credit Card maximum limit. However, SBI Card does not publish one universal maximum credit limit for every Simply Save cardholder.
Your credit limit is generally determined by the issuer based on factors such as:
- Income
- Credit score
- Existing loans
- Existing credit card obligations
- Repayment history
- Internal SBI Card policies
- Overall credit profile
Therefore, two people holding the same credit card may receive completely different credit limits.
What is the SBI Simply Save Credit Card minimum limit?
There is also no single publicly guaranteed SBI Simply Save Credit Card minimum limit that applies to every applicant.
Your approved limit is decided by SBI Card after evaluating your profile.
Tip: Do not apply for a credit card assuming you will receive a particular credit limit. Your actual limit will be communicated by the issuer after approval.
SBI Simply Save Credit Card Charges and Fees
Here is a quick overview of the major fees:
| Charge | Amount |
|---|---|
| Joining Fee | ₹499 + applicable taxes |
| Renewal Fee | ₹499 + applicable taxes |
| Renewal Fee Waiver | Annual spends of ₹1 lakh or more, subject to current terms |
| Welcome Benefit | 2,000 Reward Points worth ₹500, subject to conditions |
| Fuel Surcharge Waiver | 1% on eligible transactions |
| Maximum Fuel Waiver | ₹100 per statement cycle |
Other charges, such as finance charges, late payment fees, cash withdrawal charges and other applicable fees, can apply depending on how you use the card. Always check the latest official fee schedule before applying.
SBI Simply Save Credit Card Eligibility
Based on the eligibility information provided for this offer, the expected criteria are:
- Age: 21 to 65 years
- Employment: Salaried or self-employed
- Minimum Income: ₹30,000
- Credit Score: 650+ is suggested
- Payment History: No delayed payments in the previous 12 months
- New-to-Credit Applicants: May be considered for salaried applicants, subject to issuer approval
Important
Meeting these criteria does not guarantee approval. SBI Card has the final authority to approve or reject an application based on its internal credit assessment.
Documents Required for SBI Simply Save Credit Card
Applicants may need to provide the following documents:
1. Identity Proof
- PAN Card
- Form 60, where applicable
2. Address Proof
- Aadhaar Card
- Passport
- Utility bill or other accepted address proof
3. Income Proof
- Salary slips
- Bank statements
- Other income documents, depending on employment type
4. Photograph
- Recent passport-size photograph, if required
The exact documentation requirements can vary depending on your application channel and profile.
How to Apply for SBI Simply Save Credit Card?
You can generally apply for the card through the official SBI Card application process.
Before applying:
- Check your eligibility.
- Keep your PAN and address details ready.
- Keep income documents available if requested.
- Use your Aadhaar-linked mobile number when required for verification.
- Complete the application form carefully.
- Complete KYC or video KYC if requested.
- Wait for the issuer’s credit assessment and approval.
If you are applying through a third-party referral or affiliate link, carefully read the terms of the offer before submitting your application.
SBI Simply Save Credit Card Pros and Cons
| Pros | Cons |
|---|---|
| Good entry-level card for beginners | ₹499 + taxes annual/renewal fee |
| 10X rewards on selected everyday categories | Base reward rate is relatively low |
| 2,000 bonus Reward Points welcome offer | Accelerated rewards have a monthly cap |
| 1% fuel surcharge waiver | Fuel transactions generally don’t earn regular rewards |
| Renewal fee reversal at ₹1 lakh annual spend | Not primarily designed for travel rewards |
| Simple reward structure | Airport lounge access is not a key advertised benefit |
| Suitable for dining, movies and grocery spending | Other SBI cards may offer better rewards for online shopping |
SBI Simply Save vs SBI Simply Click Credit Card
People often confuse the SBI Simply Save Credit Card with the SBI Simply Click Credit Card, but they are designed for different spending patterns.
| Feature | SBI Simply Save | SBI Simply Click |
|---|---|---|
| Best suited for | Everyday offline categories | Online shopping |
| Key reward categories | Dining, movies, grocery, departmental stores | Online spends |
| Welcome Benefit | 2,000 Reward Points, subject to conditions | Amazon.in gift card offer may apply under current terms |
| Annual Fee | ₹499 + taxes | ₹499 + taxes |
| Best for beginners | Yes, especially offline everyday spenders | Yes, especially frequent online shoppers |
Which should you choose?
Choose Simply Save if your major expenses are on groceries, dining, movies and departmental stores.
Choose Simply Click if you spend more on online shopping and want a card focused on online rewards.
SBI Card’s current product listings highlight Simply Save’s accelerated rewards on selected offline categories, while Simply Click focuses on online spending rewards.
SBI Simply Save vs Flipkart SBI Card
The Flipkart SBI Card is another separate credit card and should not be confused with Simply Save.
If your main spending is on Flipkart and online shopping, a co-branded shopping card may be more relevant.
On the other hand, Simply Save is more focused on everyday spending categories such as dining, movies, grocery and departmental stores.
Therefore, the right card depends on your actual spending habits rather than simply choosing the card with the most attractive headline offer.
Is SBI Simply Save Credit Card Good for Beginners?
Yes, the SBI Simply Save Credit Card can be a good option for beginners who want a straightforward rewards card.
It may be suitable if:
- You are applying for your first or early credit card.
- You regularly spend on groceries.
- You frequently dine out.
- You purchase movie tickets.
- You shop at departmental stores.
- You want a simple reward system.
- You can spend ₹1 lakh annually to qualify for the renewal fee reversal.
However, it may not be the best choice if your primary requirements are airport lounge access, international travel rewards or high cashback on online shopping.
Why Should Your Friends & Family Apply for SBI Simply Save Credit Card?
If your friends or family members are looking for a beginner-friendly credit card, the Simply Save card can be worth considering because of its simple rewards structure.
The main reasons to consider it are:
1. Simple Rewards
There is no complicated points calculation. You earn accelerated points on selected everyday categories and regular points on other eligible spending.
2. Useful for Everyday Expenses
The card is designed around common spending categories such as groceries, dining, movies and departmental stores.
3. Welcome Reward
The 2,000 Reward Points welcome benefit can provide an attractive initial value when the spending requirement is completed.
4. Fuel Savings
The 1% fuel surcharge waiver can help reduce fuel-related costs, subject to transaction limits and applicable terms.
5. Fee Waiver Opportunity
Regular spenders can potentially get the renewal fee reversed by meeting the annual spending requirement.
Overall, it is a card worth considering for people who want a simple entry-level rewards card rather than a premium travel credit card.
Frequently Asked Questions
What is the fee of Simply Save SBI Credit Card?
The SBI Simply Save Credit Card has a joining fee of ₹499 + applicable taxes and a renewal fee of ₹499 + applicable taxes from the second year, according to SBI Card’s current product information. The renewal fee is reversed if annual spending in the previous year is ₹1 lakh or more, subject to the applicable terms.
Which SBI credit card is good for beginners?
For beginners, the SBI Simply Save Credit Card can be a good option if you spend mainly on dining, movies, groceries and departmental stores. If you are an online shopper, the SBI Simply Click Credit Card may be worth comparing.
The best choice depends on where you spend most of your money.
Which SBI credit card is best, Simply Click or Simply Save?
Neither card is universally best.
Choose Simply Save if you want rewards on eligible dining, movies, groceries and departmental store spending.
Choose Simply Click if online shopping is your primary spending category.
The right choice depends on your spending pattern.
What is the reward of Simply Save SBI Credit Card?
The Simply Save card offers 10 Reward Points per ₹150 on eligible dining, movies, departmental store and grocery spends. Other eligible spends earn 1 Reward Point per ₹150. SBI Card states that 4 Reward Points = ₹1, and accelerated rewards are subject to a monthly cap of 5,000 Reward Points.
Does SBI Simply Save Credit Card have lounge access?
Airport lounge access is not a primary advertised benefit of the standard SBI Simply Save Credit Card. If lounge access is important to you, compare travel-focused SBI cards and verify the latest benefits for the exact card variant before applying.
What is the SBI Simply Save Credit Card maximum limit?
There is no single publicly fixed maximum credit limit for all Simply Save cardholders. SBI Card determines the credit limit individually based on the applicant’s income, credit history, repayment behaviour and internal assessment.
What is the SBI Simply Save Credit Card minimum limit?
SBI Card does not publicly guarantee one universal minimum credit limit for every Simply Save applicant. The approved limit is decided individually by the issuer.
Does Simply Save offer milestone benefits?
The primary spend-based benefit is the renewal fee reversal when eligible annual spending reaches ₹1 lakh or more. The card also has a welcome reward for meeting the initial spending requirement.